Chicagoans favor bankruptcy over taxes as city’s debt continues to mount – Chicago City Wire

Conducted by Ogden & Fry on behalf of the Illinois Opportunity Project, pollsters found 36 percent of respondents favor bankruptcy, compared to 21 percent of those in favor of raising taxes as a way of trying to tackle the deficit. Of the 534 respondents that were randomly selected from a pool of 2020 general election voters earlier this month, 42.7 percent were undecided on the issue.

 

 

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Illinois Senate passes public safety pension consolidation plan, giving Gov. J.B. Pritzker a big fall session win – Chicago Tribune

Comment: What’s “big” about it? The pensions covered represent just 4.5% of our pension unfunded liabilities. Actual savings are speculative, but in any event will barely move the needle. And there’s this astonishing comment from a lawmaker: “We’re finally doing what Illinois is supposed to do, which is get ahead of these issues before it becomes a crisis,” said Sen. Linda Holmes, an Aurora Democrat.

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